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World - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMexico Remains the Main Global Producer of Avocados
IndexBox has just published a new report "World: Avocados - Market Report. Analysis And Forecast To 2025". Here is a summary of the report's key findings.
Avocado Consumption Undergoes a Robust Increase
In 2016, the avocados market increased to X tons, expanding at +X% per year from 2007 to 2016. Over the last six years, market displayed a consistent growth; it accelerated sharply from 2011-2016 after a period of relatively flat trend pattern with mild fluctuations from 2007 to 2010. The market value also experienced a positive trend, however, there were more pronounced fluctuations. In wholesale prices, the market totalled $X, a growth by X% over the previous year. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).
Mexico, the U.S. and the Dominican Republic Were the Major Avocado Consuming Countries
The countries with the highest consumption were Mexico (X%), the U.S. (X%), the Dominican Republic (X%), Indonesia (X%), Colombia (X%), Peru (X%), Brazil (X%), China (X%), Kenya (X%) and Rwanda (X%). The remaining countries together comprised near X% of global consumption.
The highest annual growth rates of avocado consumption from 2007 to 2016 were recorded in the Dominican Republic, with +X% growth and Peru, with +X% growth.
Consequently, the Dominican Republic (+X percentage points) and Peru (+X percentage points) strengthened their shares in terms of the global consumption from 2007 to 2016. By contrast, shares of Mexico declined X% in 2007 to X% in 2016 over the period under review.
Amongst the leading consuming countries, high levels of per capita consumption were recorded in the Dominican Republic (X kg/year)., which was more than five times more than the world average of X kg/year. In this country per capita consumption rapidly by +X% per year from 2007-2016.
Avocados Market Is Expected to Reach X by 2025
Mexico, the largest exporter of avocados, has been increasing its shipments to the world market. Despite this, there is a shortage of supply due to the rapid growth in demand, which is reflected in price increases and growing investment in expanding avocado production.
Driven by growth of the Latin American population in the U.S., promotion of healthy eating, as well as increasing use of avocados in menus of "healthy fast food" restaurants in large cities, the avocado market performance is set to continue its upwards consumption trend in the medium term. The performance of the market is forecast to grow with an anticipated CAGR of +X% for the period from 2016 to 2025, which is expected to lead the market volume to X tons by 2025.
Mexico Remained the Main Global Producer of Avocados
Production of avocados reached X tons in 2016, which was equal to $X. Except for mild fluctuations over the beginning of the analyzed period, production volume grew steadily.
Mexico was the key world avocado producing country with an output of about X tons in 2016, which accounted for X% of total global output. Mexico increased its output at the expense of expanding area under avocado cultivation with the fairly flat yield. In general, the yield in Mexico corresponded to the world average and was significantly less than in other producer countries, such as the Dominican Republic, Brazil, Indonesia and Peru. The other major producers were the Dominican Republic (X%), Peru (X%), Colombia (X%), Indonesia (X%), Brazil (X%), Chile (X%), Kenya (X%), the U.S. (X%), Rwanda (X%).
In Peru and the Dominican Republic, production levels increased by +X and +X% annually from 2007 to 2016, attributed to growth of harvested area as well as yield improvement.
Approx. X% of Global Avocado Production Was Exported
Avocados is a widely traded commodity, with the share of exports in total global output being about X% in 2016. Moreover, this share increased by +X percentage points from 2007, which is a testament to the growth of its popularity. High trade intensity is determined mainly by the substantial distances between the main countries of avocado production and key consuming countries.
Avocados will continue to be highly traded, fueled by increasing consumption, trade liberalization policies, intense global and regional integration. However, the trade expansion could be restrained by softening growth of avocados manufacturing and increasing domestic demand in some of the major exporting countries.
Mexico Strengthened Its Leadership in Terms of Global Avocado Exports, Mainly onto the U.S. Market
In 2016, global avocado export expanded to X tons, which equated $X in value terms. Over the last few years it underwent a steady growth, with an average annual rates of +X% from 2007-2016. This, however, resulted from a sharp acceleration of the growth pace from 2012-2016, driven by rising supplies from Mexico to the U.S.
Mexico is a global leader in term of avocado exports, with a share of approx. X% of global imports in physical terms. In 2016, Mexico exported X tons which accounted for X% of its total avocados output. Of this amount, X% was supplied to the U.S., where Mexican avocados held a X% share of total consumption.
Besides Mexico, the largest global suppliers in 2016 were Peru (X tons) and Chile (X tons), with a combined share of X% of global exports. The fastest growing suppliers from 2007 to 2016 were Mexico (+X% per year) and Peru (+X% per year), while exports from Chile remained relatively unchanged against its outset level. The Netherlands also showed a tangible export figure of X tons, but given a large amount of imports and the fact that no avocados are grown in this country, that should be referred as re-exports.
The U.S. Remained the Largest Market for Imported Avocados Worldwide
The volume of global imports totalled X tons, which equated $X in 2016. Imports trend pattern generally mirrored that of exports: these trade flows globally complement each other.
In 2016, the U.S. (X tons) remained the leading importer of avocados, alone comprising near X% of the global imports. It was followed by, lagging far behind, the Netherlands (X tons), France (X tons), the UK (X tons), Spain (X tons), Canada (X tons) and Japan (X tons). These countries constituted the leading destinations of avocado imports, together comprising another X% of the global imports. Amongst the major importing countries the U.S. (+X% per year) and the Netherlands (+X% per year) gained the highest annual growth rates from 2007 to 2016. However, while the U.S. imports avocados for domestic consumption, the Netherlands re-exports more than X% of imported products, mainly to Germany and other European countries.
Do you want to know more about global avocado market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- avocado market share
- avocado prices
- avocado industry
- avocado sales
- avocado import
- avocado export
- avocado market forecast
- avocado price forecast
- key avocado producers
This report provides an in-depth analysis of the global avocado market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 572 - Avocados
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023